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in the obama era." and it is, it is a book about change. and so let me talk a little bit about obama, his day, and it was really his vision of change. um, you know, there are kind of three interesting questions that you could ask about obama as an author. i think one of them is sort of is this obama guy for real, right? i mean, you know, we see him, he's this kind of no drama obama, the cerebral, low blood pressure, comfortable in his skin sort of aloof, kind of comically reasonable alpha male, right? but then there's this other literature out there where he's this, you know, kind of insane right-wing socialist -- left-wing socialist. [laughter] that in the right-wing literature. and then even in the mainstream he's often kind of this feckless, bumbling, can't do anything right guy whenever the economy is bad and his approval ratings are bad. my sort of spoiler alert is that in my book the obama's kind of that same guy you read about. the sort of left-of-center technocrat, pragmatic, data-oriented, kind of this biracial nate silver with some swag, i guess. [laughter] you know, he's -- you kno
that eliminates bush's tax cuts, taxes go up on 80% of the entire country and then obama comes in on january 1 and says i propose a tax cut for everybody that is making less than $250,000. so they took what they feel was a bad deal to prevent a totally ruin ous one politically and economically and i don't fault boehner or mcconnell for doing it. and they may not have negotiated well getting to the edge of the cliff, but when they got there, i think they made the right call for the party and for the country and the 300-point rise in the dow jones the next day suggests they did the right thing. >> in preventing the greater damage that would occur had they done the opposite? >> damage to the country torque the economy, and to the party. >> eleanor? >> i agree that boehner and mccomfortable did the right thing -- mcconnell did the right thing but they had to be dragged to the very edge of the cliff in order to do it. this was a self created trip wire so that congress would be forced to act and they almost tripped it. but the last minute, this is a victory for the president, tactical, political vic
of the american population fell for the empty montra of hope and change. the obama administration was going to be that transcendent administration that brought us all together. that is why barack obama earned the white house because he said he was going to be the great uniter. remember that beautiful inaugural address? it was glorious. he said to conservatives, i want to listen to you, especially when we disagree. okay. nice, beautiful, beautiful idea. he was going to meet with conservatives in congress once a week. that was a great idea too. he meant twice, twice, two times. three days after that beautiful speech, the conservatives in congress came to the white house, and they had a meeting, and eric cantor, congressman from virginia, articulated the conservative perspective on increasing taxes, that we shouldn't do it. you know what obama said three days after he said i'll listen to you, especially when we disagree. he said, you lost, i won, i trump you on that. he said he wants the folks who got us into the mess to do less talking and more listening. you can talk a little bit, but i want
if president obama does, in fact, pick hagel it is possible that we could see a potentially difficult nominating process, but that announcement could come as early as next week. craig? >> there's the work. let's talk about the play and what's vacation been like for the president. and one of the reports yesterday said that the president who has played some golf and had dinner at nobu, we understand. what else? >> that's right. the other day he went out and took that famous shaved ice trip that he takes with his daughters. shaved ice is like water ice in hawaii and it is a local treat and he's been playing a lot of golf, basically, and also doing some work of the office of the presidency, that always travels with him. you saw him speak out about the sandy relief package. also, of course, delivered the weekly address in which he talks about the upcoming fiscal fight over the debt ceiling and drawing a hard line with congress saying he's not going to negotiate with them and house speaker john boehner drawing a hard line as well saying he'll use the debt ceiling debate to try to cut spendi
these things because they think that president obama doesn't have the nerve to fight back and that he will concede when those threats are issued. are they right? well that is an epic question. in order to answer that epic question, i think we need political correspondent just an epic. [ ♪ music ♪ ] >> cenk: all right, michael shure, we haven't run that animation for a while. >> no, for a long time. we had to come up with some dopey epic scene. >> cenk: all right, what do you think here. do the republicans mean it? >> it's pure politics. in the past when the government has been shut down the republicans have been back on their heels. it's always been the white house threatening to shut down the government. now they feel that they're in the position to say first we're going to shut the government down, then it looks like they have the upper hand in public. it may or may not be a good ploy but we don't want to get lost. we're not in a situation like greece. they're going to say greece, and first of all italy has shown solvency even though that prime minister recently stepped down. th
: president obama hawaiian vacation is about to end. he is set to depart several hours from now and waiting for him in washington a new tuesday well the g.o.p. over raising the debt ceiling. joining us now is wendall goler, hope you holding okay. talk to the president and what he is going to be greeted with. >> reporter: he a used his weekly address to warn republicans not to use the debate over raising the nation's debt ceiling to try and force government spending cuts but even as former budget director say that republicans are more likely to have more leverage. the problem is the president sees it threatening to not paying bills could raise the cost of borrowing money and a genuine u.s. government default could trigger a global recession. >> congress refuses to give the united states the ability to pay its bills on time, consequences could be catastrophic. last time coming threatened this course of action, our entire economy suffered for it. our families and businesses cannot afford that dangerous game again. >> reporter: congressional budget office passed a bill to avoid the fiscal cliff
not to negotiate with president obama, president obama was promising not to negotiate over the debt limit, and vice president biden seemed like the only one left in a good mood. >> public service was never meant to be an easy living. extraordinary challenges demand extraordinary leadership. so if you've come here to see your name in the lights or to pass off a political victory as some accomplishment, you've come to the wrong place. the door is right behind you. >> i think most of our members, and we are never unanimous, but we do have consensus, most of our members know that for the president to have leverage on the next hurdles that we face that we had to get over this hurdle. gwen: the president signed the budget bills after resuming his holiday vacation in hawaii and before congress today officially certified the electoral college vote that will return him to the white house. but things are by no means settled here in washington because there is almost certainly more to come. the folks around this table have covered this epic political and policy battle around the clock. literally, as joe biden
the bottom. in terms of the certainty of the tax deal, yes, we do have that, but on the other hand, the obama health care law is going to be implemented all through 2013. and the wall street journal just reported that only 14% of small businesses actually understand the obama health care law. and so, there is a huge overhang of uncertainty and then plus dodd frank which is going to be implemented through the financial industry. why do we have 2% growth? i think those are the reasons. we have some positive signals for the economy, but not enough to pull it off. >> paul: steve, let me, is there a silver lining here at all that maybe the public will begin to understand that you can't reduce the deficit with a tax increase? you just can't do it. this represents what, 600 billion dollars they say over ten years, that's about 6, 7% max of what the deficit is? >> great point, paul. let me step back a minute and say that you and i and dan and eric will lived through the budget deals for 25, 30 years, this is the first and almost none of them have worked out very he well. but this is the first budget
obama, who has repeatedly made offers to republicans on cuts to social security. the recent fiscal cliff negotiations, president obama gave house speaker john boehner a third proposal, increasing the tax rate threshold to $400,000 and adding chained cpi, which is a benefit reduction in social security. that's the only way you can look at it. republicans did not take the plan. when harry reid was negotiating with senate republican leader mitch mcconnell, the president allegedly asked reid to put social security reforms back on the table, according to multiple accounts, senator reid was so unhappy with the proposal, he threw it into a burning fireplace in his office. the white house says a formal offer on social security was never made. but president obama's position on social security reform really isn't hard to find. in his 2006 book, "the audacity of hope," president obama wrote the problems with the social security trust fund are real but manageable. in 1983, when facing a similar problem, ronald reagan and house speaker tip o'neill got together and shaped a bipartisan plan that stabil
if it is interim, that one vote could be important. host: a facebook comment, president obama thought raising the debt ceiling was a bad idea when bush was president and said he would not vote for it. guest: with this a filibuster debate that is going on now in the senate between the republicans and democrats, if you go back and read the comments, they were reversed in 2005 when the democrats were filibustering george bush's traditional nominations. i think it is important to do these things on their merits. i think senator obama's vote was a mistake. if there is any truth in this town, it is that there is no dearth of blame to go around. host: how much time did you take to consider the caucus? guest: i did not make a decision during the campaign. i was asked a question almost exclusively by washington journalists. i was virtually never asked the question by people in maine. most people in maine did not care. they said, go down there and try to get something done. one guy yelled across the diner, i do not care who you caucus with. i am with you all the way. the first question was, could i be
. >> and we're getting word that president obama is getting ready to announce his pick for defense secretary. likely chuck haggle to replace leon pa net at that. hi, james. >> two democratic sources confirmed to fox news's ed henry late yesterday that president obama has indeed settled on chuck hagel to lead the pentagon, this apparent pick despite many indications that the g.o.p. maverick would face a rocky confirmation hearing. the former two term senator from nebraska has a history of blunt statements including a reference to the jewish lobby as intimidating force on capitol hill that will likely draw fresh, and openly pai ambassador as quote, aggressively gay and hormel says that the apology was sent to the news media and not to him. and hagel has at times resisted imposition of sanctions against iran for the ren grade nuclear program and balked sometimes efforts to designate hezbollah a terrorist group. >> i do have serious concerns about his position that he's stated on israel, and some of the statements he's made in the past, as well as his positions on iran and i think that those are
. trade agenda in the obama administration has been d-e- d-e-a-d. dead. there is a conversation that is starting about a trade pack with the european union, smart thing i do. don't you i? >> bob: but they don't want to buy anything. >> andrea: why? >> dana: why do you want to be more like them? >> andrea: we have come full circle. they don't have money. why? they have been giving handout to all the people. mention at early ages 43 years old and beyond. they give out national healthcare. you say obamacare isn't nationalized healthcare but it's structured to end up that way in the end game. looks what happens in greece. no money to pay for prescriptions to give people -- they can't give prescriptions. >> bob: i don't disagree about europe. i think it's, the mediterranean particularrously a basket case. we don't want it to be like that. on the left. no interest. >> eric: the difference between europe and america is zo far are the tax rates. in europe, you are taxed in excess of 50% to france pushing the 75% tax. we are headed in the wrong direction. the democrats said enough is eno
house, pressuring the congress to get it passed quickly on the 15th of the month. and president obama reached out to governor chris christie, governor cuomo and reiterated support for the relief package. i expect him to engage in similar outreach and speak publicly about it. release a statement about getting it done. and so many officials there in that region have stressed this is vital to the folks who are really still suffering in the wake of hurricane sandy. you will see president obama to some extent engage in getting this passed quickly. >> he talked about his approach to reducing the deficit. let's take a look at this. >> i believe we can find more places to cut spending without short changing things like education, job training, research and technology. all of which are critical to prosperity in the 21st century economy. they must be reformed. >> what does the white house try to get what the president wants out of his next budget showdown? >> they have already put part of their strategy into motion which is basically getting republicans to compromise on the tax issue. rememberi
. the imperious obama presidency flat out refusing to negotiate with republicans on the national debt ceiling. the republicans led by speaker boehner are determined to take up debt and spending once again. this time he says the american people are on his side. the speaker today in the republican caucus meeting behind closed doors. bigger banner making it clear that the president's refusal to negotiate will not deter him or his party and the speaker said that the president said that he n't going to have a debate with us over the debt ceiling. he also sayshat he's not going to cut spending along with a debt limit hik. fiscal cliff behind us on the focus turns to spending. speaker boehner cited a new poll, shwing 72% of americans agree with him. but any increase in the debt lit must be accompanied by an equal amount in spending cuts. senator john cornyn saying that if the president intends the president intends to carry through with his no negotiation threat, but a government shutdown may be the only way to find resolution. the new senate majority leader is saying that it may be necessary to par
has affirmed president obama's re-election. vice president joe biden redied over and announced the valleys. the final count was president obama 332, and republican mitt romney 206. here's is that session. it is about 30 minutes. >> the senators and house of represents are to count the votes of the states for president and vice president of the united states. after ascertainment has been had they will count the votes. the parties of the two houses will take their place at the clerk's desk. >> the tellers will read the portions of the certificate pppings our regular form will read the votes by each state beginning with alabama. >> the certificate of alabama and it appears from that mitt romney received nine votes for president and paul ryan of the state of wisconsin received nine votes for vice president. >> mr. president, the certificate of the vote of the state of alaska. it appears that mitt romney of the commonwealth of massachusetts received three votes for president and paul ryan received three votes for vice president. >> mr. president, the certificate of the electoral vot
on this front. president obama saying that he's not going to agree to a package that only involves spending cuts, but republicans, house speaker john boehner saying that that is what they are going to be fighting for. the white house has gotten leverage after this last budget battle because, remember, it included tax hikes on wealthier americans as well as spending cuts and they think that will give them more growth fund as they enter this next round of negotiations. house speaker john boehner saying he's essentially done negotiating with the president one-on-one. we might see different folks sitting at the table early on in these next round of negotiations. i can tell you that president obama according to my shoreses at the white house will be hitting the road very close after the inauguration. he believes this is one of his strongest tactics to make his argument to the american people to let them pressure congress to get something done. you heard him preview this argument that if the nation does not increase its debt ceiling and if this becomes a long, drawn-out battle like the one we saw back
the government if president obama won't negotiate on the debt ceiling. >>> plus, after president obama one of our guests says the next president of the united states will be black. does it add up? >>> and why one politician accused of a crime was stripped and beaten. we'll show it to you. let's go "outfront." >>> good friday evening, everyone. i'm erin burnette. "outfront" tonight, on the brink of battle. a threat today from a top republican to shut down the government if president obama refuses to negotiate over the debt ceiling. the second most powerful republican in the senate, minority whip john cornyn of texas wrote in an op-ed today, president obama needs to take note of this reality and put forward a plan to avoid it immediately. will those threats work? a senior democrat says if the republicans don't want to raise the debt ceiling, it will be on their shoulders. >> risking government shutdown, risking not raising the debt ceiling is playing with fire. >> playing with fire. douglas holtz-eakin is the former director of the congressional budget office. robert reich is a former u.s. labor se
that president obama is likely to nominate this man, nebraska republican chuck hagel to be the next secretary of defense. mr. hagel served in the u.s. senate for two terms, starting in 1997. he was considered in some ways a member of that vanishing species, the moderate republican back when it was not nearly so vanishing. senator hagel served on the intelligence committee and the foreign relations committee. after 9/11, he supported the patriot act with its sweeping new powers of surveillance. he also supported the war in iraq. at the time those were reasonably centrist positions for a republican to hold. but a couple of years into the iraq war, senator chuck hagel came out and said that america's war in iraq was starting to look to him like the war he himself fought in as an army infantry officer. it was starting to look to him like vietnam. he said that between those two war, quote, there is a parallel emerging. a couple of months later, he laid down this gauntlet to those on his own side who had gotten all over him for questioning the iraq war. he said, quote, to question your government i
a mid sized college team being dropped into the super bowl, and we don't understand this yet. the obama people never quit. they kept offices open in '09, in '10, in '11. i think there were 53 offices in north carolina alone. and this is why i'm doing this six month study at gingrich productions which i've entitled lessons to learn. we don't have lessons learned right now. we don't know what we're talking about. when you see these guys on tv who wasted millions of dollars as consultants explaining what they now think, what you know is they don't. [laughter] because they haven't taken enough time to learn anything. i mean, this is a serious crisis of the conservative movement and the republican party because if we don't figure out the new game, we're not going to be, we're not going to be competitive for a generation or or more. that's how serious it is. i mean, don't assume we're going to win in '16 because we'll nominate some clever person who has the appropriate ethnic background and articulates better than mitt did. mitt got about what mccain got, which was about what dole got, which
do. >> you have to. >> eliot: you have to. >> obama qualified it. obama said i believe in american exceptionalism just like the brits believe in british exceptionalism and the greeks believe in greek exceptionalism. >> eliot: i thought it was fascinating and correct. do you disagree with his sense of what exceptionalism is and what his understanding of it. >> he has retreated from that, that's the problem. >> eliot: but as he stated it. >> his rhetoric had more and more american exceptionalism. he bought into it. once you criticize it, you're attack. mike huckabee said if you don't believe in american exceptionalism-- >> eliot: mike huck abee aside of course we believe in it. >> but exceptionalism doesn't mean that we're different, we are better. different is good. we celebrate difference. >> eliot: coming back to foreign policy, do you see it as far as back as the spanish american war, the colonial empire and philippines, etc. >> the little brown brother describe the filipino rebels and there was torturing going on back then, waterboarding racism basically and we always felt that
. it is a device to get us running down the road so we expect whatever obama wants because otherwise we have failed to fiscal cliff and how can you be a patriot if you don't do what the fiscal cliff requires. it is much like the land of the wizard of oz where there will be this person hiding behind a machine who will say, raise taxes now. if you don't raise taxes now, you violate the fiscal cliff. do any of you want to be the person who stands up and destroys america by averting the fiscal cliff? you want to go on the national networks and explain that you don't care that america is going to die late on thursday? it's all right if that's the kind of person you are. let the police know that now because we will never schedule you. you'll never be on television because after all you are clearly weird. [laughter] so let me say that there is no fiscal cliff. there are conservatives and republicans are demoralized. get over it. we did a number of stupid things. we faced a those who worked harder, were smarter than we were, one of ronald reagan's most important statements was february of 1975 in washingto
: good evening, everyone. the imperious obama presidency flat out refusing to negotiate with republicans on the national debt ceiling. the republicans led by speaker boehner are determined to take up debt and spending once again. this time he says the american people are on his side. the speaker today in the republican caucus meeting behind closed doors. bigger banner making it clear that the president's refusal to negotiate will not deter him or his party and the speaker said that the president said that he isn't going to have a debate with us over the debt ceiling. he also says that he's not going to cut spending along with a debt limit hike. fiscal cliff behind us on the focus turns to spending. speaker boehner cited a new poll showing 72% of americans agree with him. but any increase in the debt limit must be accompanied by an equal amount in spending cuts. senator john cornyn saying that if the president intends the president intends to carry through with his no negotiation threat but a government shutd
now. >>> up next, a top republican threatens to shut down the government if president obama won't negotiate on the debt ceiling. plus, after president obama one of our guests says the next president of the united states will be black. does it add up? >> and why one politician acruised of a crime was strip and beaten. we'll show it to you. let's go "outfront." -- captions by vitac -- www.vitac.com >>> good friday evening, everyone. i'm erin burnette. "outfront" tonight, on the brink of battle. a threat from the government to shut down government if president obama refuses to tell gauche yat. president obama needs to take note of it and put forward a plan and note it immediately. will those threats work? a senior democrat says if the republicans don't want to raise the debt ceiling it will be on their shoulders. >> risking government shutdown, risking not raszing the debt creeling is playing with fire. >> playing with fire. he's the former direct over the congressional republican office and beyond outrage what has gone wrong with our economy, our democracy and how to fix it. i sho
in the decadurped obama and bush . all of the favoring big businesses. that hasn't changed whatsoever. we are talking about charitis and places with huge homicide rates like chicago. american freedom foundation, what you are talking about is charitets running things better thab the government can. they would want to defuse it . government. colleges are helping toupts find body bihaver. that is only encouraging more bad behavior. some say it is great news. >> what happens in college stays in college or that is the plan. some universities helping them improve on the internet. it is it making a boss think about hiring them . he is fine with this, why. and that is what we do. i have a closet full like a cemetery. they are drinking flaming marga ritas. they are. tracey what do you make of that. he's saying there is no accountability in the world anymore. go to as many orgies and start over and it is a virgin. it is craziness. we demand transparency from the employers and they should demand the same out of potential employees. >> two and five companies do go on line searches and they hit facebo
. the package passed in the senate this afternoon and now needs to be signed by president obama. >> it's official, barack obama won the presidency in november. it happened just today, the final votes were counted. it's a constitutional formality, the electoral college votes were counted, 332 for president obama and 206 for governor romney. when it comes to the popular vote, we did learn history was made today. president obama won more than 50% of the total vote, that marks the first time since president eisenhower was re-elected that the president has won more than half of the popular vote twice. >>> and take a look at this picture, it's of the historically large number of women in congress. but it's been doctored. san francisco congress woman nancy pelosi admitted to photoshoping four of the congress women, they were running late, and she defended saying it was a accurate historical record of who the democratic women of congress were. they were late so they added the fo four later. >> they do that. they have the technology to do that and jeff has the technology to forecast the weather
, on the brink of battle. a threat today from a top republican to shut down the government if president obama refuses to negotiate over the debt ceiling. the second most powerful republican in the senate, minority whip john cornyn of texas wrote in an op-ed today, president obama needs to take note of this reality and put forward a plan to avoid it immediately. will those threats work? a senior democrat says if the republicans don't want to raise the debt ceiling, it will be on their shoulders. >> risking government shutdown, risking not raising the debt ceiling is playing with fire. >> playing with fire. douglas holtz-eakin is the former director of the congressional budget office. robert reich is a former u.s. labor secretary and author of a book that explains how we all feel these days, beyond outrage over what has gone wrong with our economy, our democracy, and how to fix it. i hope you have solutions to solve the crisis we all feel. but, robert, let me start with you. in john cornyn's scenario where we shut down the government, how dire of an outcome is that? >> well, it's a terrible out
than plot along the path of greece, italy and spain. president obama needs to take note of this reality and put forth a plan to avoid it immediately. and finally, pat toomey voiced the same sentiment earlier this week on morning joe. >> our opportunity here is on the debt ceiling. the president has made it very clear. he doesn't even want to have a discussion about it because he knows this is where we have leverage. we republicans need to be willing to tolerate a temporary partial government shutdown, which is what that could mean. >> governor, i don't doubt that 72% want to see the spending cuts. if they don't lift the debt ceiling, the economy shuts down. not only the u.s. economy, maybe the world economy. the consequences are drastic. look, the bottom line on this, michael, and you know this, nobody should be threatening or rattling sabers. everyone. president obama, harry reid, everyone knows we need significant spending cuts. it's about time we act maturely and get together and try to find out what the spending cuts that we have to make can be made in the least onerous way for the
's, of course, what president obama campaigned on and he got that as a part of the fiscal cliff deal. moving forward i think you can expect to see president obama hitting the road, taking his message on the road, traveling to different states and making the argument if the debt ceiling isn't increased, the economy will suffer. you hear him say he's not going to negotiate with republicans. what specifically does that mean, we'll have to wait and see because, of course, house speaker john boehner is also taking a very hard line. he has said that he's not going to negotiate with president obama in these one-on-one sessions that we've seen in the past budget battles and he believes he's got leverage with the debt ceiling. but i think the white house will press on whatever package they agree upon to include some new revenues as well as spending cuts, of course, that is the big issue, republicans would like it to all come from spending cuts. so, it's undoubtedly going to be another knockdown, dragdown fight, alex, but it will be interesting to see who is negotiating with whom in the coming rounds
day, sooner or later, he is going to say obama had a good idea. >> but what we know is that canter was not interested in finding common ground with the president, but interested in remaking the republican party. as a leader of the so-called "young guns" on the hill, canter was recruiting like-minded candidates for the midterms. he called them, coached them and answered the text messages and raised lots and lots of money tor them and through his pac in 2010, canter donated $657,000 to soon to be new members of the house, and he helped to raise millions more for their campaigns, and when the 112th congress was seated with 87 gop freshmen, eric canter had a lot of new allies. his party was in the majority and he was not the whip anymore, but the leader with influence rivalling john boehner's. for his part, joe biden increasingly became president obama's go-to fix it man with a hand from iraq to afghanistan to the new banking regulations to the auto bailout, and he is now regarded by some as the most influential vice president ever, and the last up with was dick cheney which is why the
obama said he sees nothing to disqualify hagel. >> thank you very much. looks like fireworks ahead. pressure is mounting on lawmakers about the egypt's ties to muslim brotherhood and if the hardware would be used against israel. our government is planning to sendifier yets other aid. it is courtesy of the american taxpayer. the deal that was signed when former egyptian president hosni mubarak was in charge. joins us is vice chief of staff . along with the senior fellow of the hoover institute. general, it is no secret that egypt president mursey is a long time member of the muslim brotherhood and waged a power grab. it was done when we knew we had a strong ally in mubarak. >> we have leverage with a billion in aid and continues to arm and train the emanagement. morsi wants the deal that mubarak. he would support the foreign policy the peace treaty and help with the radicals and in return, we have hands off of domestic politics and concerns about political and social injustice and lack of economic opportunity for his people while we continue that aid. that simes to be the path we ar
since the election but president obama's re-election became official today. >> barrack obama, received for the president of the united states 332 votes, mitt romney the state of massachusetts 206 votes. >> aalry of the vote was announced today in congress as a formality. as you just heard from joe biden mr. obama captured more than the 270 votes needed to win the presidency. he will be sworn in for his second time january 20th. the december jobs report was released today and shows an up tick in hiring last month. employers added jobs last december but the unemployment went unchanged at 7.8%. much of gains come from growth in construction due to a massive rebuilding effort after super storm sandy. those number sent stocks up today for all three market with the s and p closing at it's highest level since 2007. >> another bay area lawmaker has been named to a new gun violence prevention task force. the congresswoman will serve as vice chair and representative mike thompson from napa will be the chairman. they will be looking into ways to prevent mass shootings like the ones in newtown con
. >> this is just one step in the broader effort to broader opportunity for everyone. >> president obama and the new republican senator from texas, ted cruz. contrary to what you have heard, we did not face up to an economic crisis. all they did was go through another political crisis. but try to pick the winners and losers of the deal. how about the taxpayers. how do they fair? nina. >> rich people who make more than $400,000 will pay more. i suppose the middle class will be somewhat on touched but because of the payroll holiday expiring, middle-class people will be paying more money to. everyone lost and that's the truth. you do this and this goes on with increasing intensity and everyone loses in the end. >> winners and losers? >> the real problem is we have this exploding debt and we are adding $1 trillion per year and it is completely unprecedented. there's no change in sight. this is the debt ceiling debate of july and august 2011 which was supposed to come to grips with spending and our debt. it was punted off until this january. what came out was another probably as a result of the next one.
happening out with them, and the main point is john boehner and barack obama and mitch mcconnell and nancy pelosi are a lot more fun than heroin junkies. i would say to stop talking to them. >> and they eat more. >> jedediah, how embarrassing is this for the world's super power? or is it not embarrassing enough? >> it is embarrassing. although the idea of a large chocolate coin is interesting to me, the idea of the coin is dumb. this is the length our politicians will go to to not cut spending. let's go with the coin. this is the guarantee. how can we prevent the spending cuts? let's do this coin thing. not going to work. >> a trillion dollar coin would be worth a trillion dollars more than you. not a question. >> he is letting it wash over me. >> can't we admit that this is not really even a story? >> it is not really a story, but thases why you start off the show -- but that's why you start off the show with something like this. what do you call it? an appertife would be hard-hitting. >> well, let's flip for it. >> but it is giant it will feed a juicer. >> then it is a workout. >> we hav
to multiple sources, president obama could announce his pick for secretary of defense as early as the start of next week. those who are familiar with the decision making process say, former nebraska senator, chuck hagel is at the top of the list but the president has not yet made his final decision. >> safe travels back to d.c., thank you. >> thank you, my friend. >> congressman paul ryan, catching a lot of flack for voting no on the superstorm sandy relief money, in a statement, he said unfortunately washington's legislative response fails on both counts, it refuses to distinguish or even prioritize disaster relief over pork spending. dave, good to see you. that scaled down bill, it passed 354 to 67, all of the no votes came from republicans, many said they were concerned about extra unnecessary spending, for instance, $150 million for fisheries in alaska, and museum roofs in washington, a hospital in vermont. what is going on here that vote total is significant. after hurricane katrina, there was ten no votes for a bigger package. this that was passed, after being umill 80ed by chris chri
that was committed to his destruction like the republican congress is committed to barack obama's downfall in his first term. he did work with them and also machiavellian maneuvers that he had outlasted them and he outmaneuvered them. they refused to confirm any of his appointments and then there was a famous massacre they called it the more the city council had a meeting and they didn't have a quorum because there were three members who had been arrested or indicted or convicted of various kinds such as insurance fraud and fixing races at a local tribe. to buddy used that. "the l.a. times" came to town and did a feature about him and he said in the general population, something like one in 10,000 on the providence city council is one in eight. the genius of buddy as he could connect with people. your charm, charisma. he'd walk in to reminisce there were a hundred people coming into the election, he'd go to the one that hated him and when that person over and invariably he could. they said he would go to the opening of an envelope that he would show up in any event. our member be make a reporter
for the obama administration. sources tell cnn that president obama is likely to nominate chuck hagel as deference secretary next week. hagel is a former republican senator from nebraska who retired in 2009. republican critics have noted that hagel has opposed sanctions against iran and the surge of troops in iraq under the bush administration. he would replace secretary leon panetta. >>> lance armstrong's fall from grace continues. "new york times" reports that he's contemplating publicly admitting that he did dope. sources tell the paper he's considering an admission because he wants to persuade anti-doping officials to get back into cycling. armstro armstrong's attorney tells cnn that his client is not in talks with the u.s. or world doping agencies. throughout the years, armstrong has repeatedly and strongly denied that he used banned performance- performance-enhancing drugs. >>> it's a new year and have some new -- i have some new numbers to share with you now. december's unemployment rate first at 7.8%. another number, 155,000, that's the number of jobs added in december, adding
the taxes go up because the expiration of the tax cut first proposed by obama. this tax raised for the vast majority of wage earners was basically a foregone conclusion. the rarest of things in washington a totally nonproposition. grover norquist shrugged it off. >> obama was the guy who said this is a tax holiday. calling it a tax holiday suggests they viewed it as temporary. holidays aren't permanent. >> you may say the parties to this deal were trying to reduce the deal. and saved $100 billion. well, yes. but then congress came around and pass sensitives, breaks that will cost $68 billion in this year alone. in other words, congress saved money by allowing taxes of wage earners to go up and it took 72% of those savings and turned around and gave them a way to, among other nascar to subsidize racetracks, hollywood to subsidize film production and wall street which maintained a $9.4 billion loophole called the active financing reception. all the back and forth over the fiscal cliff and top marge anal rate and chain cpis these deals were never discussed or negotiated over. there's always a
spread cases of the flu. >> president obama's hawaii vacation is about over. this time tomorrow he will be back in washington and facing a budget showdown with the republicans. this time over the nation's rising debt sealing. senior white house foreign affairs correspondant joins us live from honolulu. >> even though the president warned against it republicans are posed to use the coming debate . supports the spending cuts they didn't get in the fiscal cliff hike. moodies lowered our credit rating and president said that congress is holding back our own economy. it can't afford more protractive showdowns and crisis on the way. ine as our business created two million new jobs and 168 thousand last month. the messy brink manship made it more conseshative and consumers less confident. >> congressional budget office said the fiscal cliff deal leaves a 900 billion a year budget deficit and republicans say there is no confidence that the country will get its debt problem under control. the tax hike that congress approved and ended the revenue part of the question. spending cuts are all t
of the front runners for high-level jobs in a second obama administration. >> former senator hagel hasn't been officially nominated to become the next secretary of defense but that hasn't stopped his critics from going to war against the possible picks. >> brown: and mark shields and david brooks analyze the week's news. >> woodruff: that's all ahead on tonight's newshour. >> major funding for the pbs newshour has been provided by: >> bnsf railway. >> support also comes from carnegie corporation of new york, a foundation created to do what andrew carnegie called "real and permanent good." celebrating 100 years of philanthropy at carnegie.org. >> and with the ongoing support of these institutions and foundations. and friends of the newshour. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> brown: 2012 ended with another month of steady but unspectacular job growth. that was the main takeaway from today's numbers out of the labor department. the weeks of will they or won't they go ov
well-being of our country rather than plod along the path of greece, italy, and spain. president obama needs to take note of this reality and put forward a plan to avoid it immediately. finally, pennsylvania republican senator pat toomey voiced the same sentiment earlier this week on "morning joe." >> our opportunity here is on the debt ceiling. the president has made it very clear, he doesn't even want to have a discussion about it because he knows this is where we have leverage. we republicans need to be willing to tolerate a temporary partial government shutdown, which is what that could mean, and insist that we get off the road to greece. >> governor, i don't doubt that 72% want to see the spending cuts. which way do you think the public sentiment swings if there is a government shutdown? >> well, i think pat toomey is a little confused, mike. it's a continuing resolution. if they didn't fund the continuing resolution, the government would shut down. if they don't lift the debt ceiling, the economy shuts down. not only the u.s. economy, maybe the world economy, and the consequences
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